Tag: Shagang steel scrap purchase prices

Eastern China’s largest EAF steelmaker- Shagang group- has raised its scrap price for all grades for domestic steel scrap procurement today by RMB 30/t ($4) on continuous declines in scrap deliveries. The purchase price of HMS (6-10 mm) thickness has climbed up to RMB 2,750/t ($398), inclusive of 13% VAT delivering to headquarters works at…